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ETHUSDT

Ethereum can rebound up from support line to resistance lineHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some days ago entered to range, where it first declined to the resistance level, which coincided with the bottom part and resistance area, after which ETH turned around and started to rise. Later, the price rose, after which made correction back to the 3720 level, and at once rebounded up to the top part of the range. After this ETH turned around and started to decline back to the 3720 level, and when it reached this level, the price broke it, thereby exiting from the range and continuing to decline in a downward channel. Some time the price trades near the resistance level, but later it rebounded and little declined, after which the price rose to the resistance line of the channel. Then Ethereum rebounded from this line and in a short time declined to the support line, where at the moment, the price continues to trades near. So, I think that ETH can fall to the support line again and then turn around and start to move up to the resistance line of the downward channel. For this reason, I set my target at the 3480 level, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
ETH - MACRO Multi-Month Logarithmic Target📉Hi Traders, Investors and Speculators of Charts📈 I've made a few updates on BTC from a macro perspective, but let's take a look at ETH today. What we specifically want to focus on is potential targets / bounce zones, and we'll use the logarithmic weekly recession t get to these targets. From using the same timeframe as the previous bull season, and by using the same pivot points, we get a $20K target on ETH - a possibility for later this year: Shorter and mid-term targets could include: Here's the update on BTC, incase you missed it: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BITSTAMP:ETHUSD
BITSTAMP:ETHUSDLong
by CryptoCheck-
1
HelenP. I Ethereum will rise a little and then fall to $3445Hi folks today I'm prepared for you Ethereum analytics. Some time ago price rebounded from the support level, which coincided with the support zone and started to rise, but after ETH little rose, it turned around and made impulse down lower the 3445 support level and even the support zone. But soon, the price turned around and in a short time rose back and even soon reached the resistance level, which coincided with the resistance zone, after which ETH broke this level and some time traded in this zone. Later price made a correction below the resistance zone to the trend line, after which Ethereum rebounded back and even rose a little higher. Price a little more time traded near the resistance zone and then started to fall in a downward channel, where it broke the 3910 resistance level and fell below. Soon, the price made a retest of the resistance level and continued to fall to the support level, and when it declined to the 3445 level, it at once rebounded and started to grow. Now, I expect that ETH will rise a little more, after which it turn around and continue to decline to the support level. That's why I set my target at the 3445 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
The key is whether it can rise above 3900.73-4294.78Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 12M chart) The BW indicator is an indicator expressed by combining MACD, StochRSI, CCI, superTrend, and PVT indicators. By displaying this BW indicator on the price chart, we made it intuitive to understand. Therefore, points marked with the BW indicator can be used as support and resistance. The key is whether it can rise above the Fibonacci ratio 1 (5005.30) and renew the new high (ATH). If the price holds above 5005.30, the next target is expected to be 1.618 (7362.80). (1M charts) It has broken through the upper part of the box section of the HA-High indicator and is rising. Accordingly, if the price stays above 3900.73, it is expected to start rising to renew the new high (ATH). If not, and it falls, you need to check if it is supported around 3321.30 or 0.618 (3548.07). (1W chart) The key is whether it can receive support and rise in the 3962.19-4294.78 range. If it falls, you should check for support around 3503.68, the bottom point of the box section of the HA-High indicator. (1D chart) The next period of volatility will be around March 25th. However, you need to check which direction you can deviate from the 3503.68-4294.78 range. If it receives support around 9300.73-3962.19, it is expected to rise above 4294.78. Therefore, if it falls below 9300.73 and shows resistance, there is a possibility that it will turn into a short-term downtrend. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
MANTA ENTRY SETUP #DYOR #NFAThe $2.51-$2.65 range is a very good entry area, but this price depends on Bitcoin (BTC). If BTC drops to $59,500-$61,000, there is a possibility that MANTA will reach the $2.51-$2.65 area. However, if BTC does not drop, then the $2.9-$3.1 price is a good entry point. Here are some factors to consider: BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. Volume: Look for increased volume on MANTA. This could indicate that buyers are entering the market. It is important to do your own research before making any trading decisions.
Long
by mrskyzo
ETH/USDT 1HInterval ChartHello everyone, let's look at the 1Hinterval, ETH to USDT chart as we can see that the price has started to move in the local downtrend channel. Let's start by determining the support for the near future that we can take into account and here you can see how the price remains at the support zone from $3,647 to $3,539, then the level of $3,392 is visible, and then strong support at the level of $3,197. Now let's move on to the goals that the price must face in the event of renewed increases and here resistance levels are visible: TP1 - $3767 TP2 - $3,891 TP3 - $4091 Looking at the RSI indicators and the STOCH indicator, it can be seen that increases in the indicator result in small upward movements, while recoveries result in larger price drops, which should still result in a price correction.
by cryptodailyuk
Cryptolean Ethereum ETH UpdateEthereum is testing the top of the key resistance zone of $3,837-$4,054. A bullish break-out of $4,054 will send ETH price towards $4,569. An inability to maintain price above $3,837 will push Ethereum price towards $3,531 and the key daily support at $3,275. Intraday Chart The ETHUSD intraday (4-Hour) chart is trading in the bullish territory above $3,844. A bullish move (after a closure of 4-Hour candle above $4,001) towards the key resistance zone of $4,190-$4,324 is very likely. A strong bullish break-out and a sustained price action above $4,190-$4,324 will allow bulls to take a control of the intraday chart and push #ETH price towards $4,682. A bearish rejection of $4,190-$4,324 will send Ethereum price to re-test a minor support at $4,001, and, possobly, lower to the key intraday support at $3,844. Ethereum is following BTC. A price action with the key daily resistance of $69,654-$73,422 in the BTCUSD daily chart is still important to watch.
Long
by Trade-Lean
1
💎 ETH/USDT - Will it reach to $8.5K ? (READ THE CAPTION)By checking the ethereum chart in the weekly time frame (logarithmic), we can see that the price has grown by 160% since October 20, 2023, and in the past days it was able to grow even up to $4100! After a minor correction, we will see Ethereum grow up to its previous ATH on $4850! Its next targets will be $5000, $5500, $6600 and $8500 respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2
ETHEREUM - Price can bounce up from support level to $4170Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area. After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of channel. Price entered to wedge, where ETH made upward impulse to $3900 level, which coincided with resistance line of wedge. Also later, ETH rose to resistance line, breaking $3900 level, but at once declined and some time traded near. Soon, price broke this level again and then rose to resistance line, after which ETH fell to $3900 level. Now, I think Ethereum can fall to support level and then bounce up to $4170 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
ETH ANALYSIS (1H)Ethereum has a bullish structure. There is a good demand range for Ethereum that I have highlighted in green. In this area, you can look for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
3
Ascending TrendlineOn the 4-hour timeframe, it is observed that the overall price trend is bullish, confirmed by drawing an ascending trend line. Upon a closer examination of the chart, a triangular pattern formation is noticed, indicating a continuation of the bullish trend after the upper side of the pattern breaks upwards. This breakout represents a key point in technical analysis, and subsequent price targets based on this movement are marked on the chart with orange resistance area. Reaching the third price target indicates a high potential for continued upward movement, and if the price can surpass this area, further price targets become visible on the horizon. Maintaining the ascending trend line is considered crucial for the continuation of the bullish trend, hence as long as this trend line is preserved, the price of Ethereum is expected to reach higher levels. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
1
Ethereum ETF Potential: Exploring Opportunities $4000 Target ?Anticipation is mounting within the cryptocurrency industry as the possibility of a spot exchange-traded fund (ETF) for Ethereum looms on the horizon, mirroring Bitcoin's trajectory. With several Wall Street investment firms vying for approval from the Securities and Exchange Commission (SEC), the potential decision, expected by May 23, has stirred optimism among market participants. Forecasts from entities like Standard Chartered Bank, projecting a substantial 70% surge in Ethereum's price, fuel the excitement, with predictions suggesting a potential ascent to $4,000 by summer's onset. However, a closer examination reveals nuanced considerations amidst this fervor, drawing parallels to Bitcoin's journey post-ETF approval. While the approval of a spot Bitcoin ETF in January elicited optimism, subsequent market performance showcased a classic "buy the rumor, sell the news" scenario. Bitcoin's price, following ETFs' introduction, has witnessed a decline of approximately 8%, underscoring skepticism and disappointment. Ethereum, likewise, experienced a surge to $2,500 in anticipation of ETF approval, only to retreat to around $2,300 subsequently, hinting at fleeting impacts from such developments. Crucially, Ethereum's narrative differs from Bitcoin's, with the former lacking the status of "digital gold" and serving different investment purposes. While Bitcoin is viewed as a store of value and an inflation hedge, Ethereum's appeal is nuanced, contributing to varying investor sentiments and demands. Additionally, previous attempts to introduce Ethereum ETFs encountered limited traction, indicating prevailing preferences for Bitcoin. Moreover, Ethereum's potential price target of $4,000 is viewed skeptically, given historical precedents and market dynamics. The article emphasizes the importance of realistic expectations, cautioning against overreliance on forecasts and advocating for investment decisions grounded in Ethereum's current valuation rather than speculative projections. In conclusion, while the prospect of an Ethereum ETF signals significant developments for the cryptocurrency market, maintaining a balanced perspective is paramount. Realistic assessments, considering Ethereum's unique positioning and historical trends, are crucial amidst market enthusiasm, ensuring informed investment decisions in an evolving landscape. Our preference Long positions Above 1600 with targets at 3000 and 4000.
COINBASE:ETHUSDLong
by FOREXN1
5
ETH — ROAD TO 1000$After analyzing the bitcoin situation, I would like to note the situation with ETH. This asset has not been pummeled by big players, so it has not yet managed to reach its ATH. I believe that in the near future it will not be able to do so either. A large number of long positions will also prevent us from going higher, but in the case of ETH the situation is much better. At the bottom there is only one significant liquidity cluster in the range of 1500-2000. Further everything is very well traded up to the level of 1000, so even if bitcoin suddenly goes below 15000 ETH is obliged to stay above its previous global break around the level of 1200-1300. A squeeze up is possible if bitcoin makes a final push upwards and as a consequence the last remaining liquidity will be collected up to the level of 4250 at the most for ETH. I expect a reversal of the asset and correction to 1200-1300.
Short
by glazirovaniysirok
6
ETHUSDT - Up onlyThe current situation suggests a potential bullish trend for ETH/USDT. The fact that the MFI (Money Flow Index) on the weekly chart is at 82 indicates strong buying interest in the market. A high MFI value suggests that money is flowing into the asset, which could be indicative of a potential upward movement in price. Additionally, the RSI (Relative Strength Index) at 68 on the weekly chart is moderately bullish. While not in overbought territory (usually considered above 70), an RSI of 68 suggests that there is room for the price to continue its upward momentum. The RSI with a 58-period moving average (RSIMA58) may also be signaling a positive trend. If the RSI is above the 58-period moving average, it could imply that the recent price gains have been stronger than the losses. Taking these indicators into consideration, it's plausible to suggest that ETH/USDT may experience an upward movement from its current value of 2400 to a range of 3400 to 4600. However, it's crucial to approach such predictions with caution, as market conditions can change rapidly, and unforeseen events can impact price movements. It's recommended to conduct thorough research and consider multiple factors before making any financial decisions.
Long
by Bitcoinblockchainonline
Ethereum can make correction and then continue rise in wedgeHello traders, I want share with you my opinion about Ethereum.Observing the chart, we can see that the price some time ago started to rise in an upward channel, where it soon reached the 2900 support level, which coincided with the support area and broke this level. After this, ETH some time traded near this level and then rebounded up to the resistance line from the support line of the channel, but later price at once rebounded from the resistance line and little declined below. Then ETH continued to move up in an upward channel to the next level, which coincided with one more support area. But when the price reached this level, it at once rebounded and declined to 3200 points, thereby exiting from the upward channel, and entering to upward wedge. Then price at once bounced from the support line and made impulse up to the support area, breaking the 3790 level. After this, ETH some time traded in this area and later rebounded up, but soon price made a correction to support line of wedge. A not long time ago price rebounded from this line and now ETH continued to rise inside the wedge. So, in my opinion, Ethereum can make corrections to the support area and then the price continues to move up, and even can exit from the wedge. For this case, I set my target at the 4280 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1